Tax Law Improvement Act (No. 1) 1998 (46 of 1998)
6 Averaging primary producers' tax liability (new Division 392)
2 Consequential amendment of the Income Tax Assessment Act 1997
5 Section 13-1 (table item headed 'primary production')
Omit:
|
averaging of income |
156 |
substitute:
|
averaging of income, trustees |
156 |
|
|
averaging of tax liability, individuals |
392-35(2) |